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. >> president obama launched his effort to reduce gun violence wednesday, calling for action and don't congress and signed in 23 consecutive quarters to deal with the issue. speaking before an audience that included the families of those killed in last month's newtown shooting, the president called for an assault weapons ban, better background checks, and more funding for police and mental health services. this is 25 minutes. >> ladies and gentlemen, the president and vice-president of the united states. >> please, please be seated. thank you. before -- before i begin today, let me say to the families of the innocence that died, our hearts go out to you and you incredible courage being here and the president and i will do everything in our power to honor the memory of your children and your wives with the work we take up here today. it's been 33 days since the nation's heart was broken by the horrific, senseless violence that took place at sandy hook elementary school. 20 -- 20 beautiful first graders gunned down in a place that's supposed to be their second sanctuary. six -- six members of the
you were spanking your fellow republicans for getting their clocks cleaned by mr. obama in that debate. tell me what you are upset about and is there some revenge exacted? >> we have very severe long-term fiscal problems. i think there is a lot more that is at the big banks door and the federal reserve's door. it is amazing neither party has been willing to look at the problems. we are faced with enormous long- term challenges on the fiscal side. i thought the whole process was wrong. i have a bias. i was speaker of the house. the idea that the senate at the last minute would write an entire bill, put whatever they wanted into it, send it over, and say, pass it as we wrote it. we will not touch it again. and the house said, ok. the that was institutionally crazy. nobody read that bill. it violated everything republicans complained about with the stimulus. the minimum they could have done was brought it up, actually read it, maybe had a hearing to find out what was in it and what did it mean. there were millions of dollars for the motion picture industry. i understand why the president
the president has been late, four of those 11 have been under the obama administration. we're also informed that there is a chance once again, like there was a year and a half ago, that our credit rating of the u.s. could be lowered again. by another credit rating agency. some have tried to paint it as a different story, different picture, but for those of us who recall what happened, s&p made it clear that they didn't believe that the united states was serious about dealing with this dramatic spending problem, overspending problem. where we were spending $1.5 billion, $1.6 trillion, over $1 trillion more than the $2-plus trillion that we had coming in. and that if we didn't at least reduce the massive overspending annually by at least $400,000 -- $400 billion, rather, for 10 years, a total of $4 trillion over a 10-year period, then it would make it pretty clear that we were not serious about dealing with our debt. i know the obama administration went on the warpath after s&p, after the credit rating was lowered. personally i think it's the s&p's credit they did bha they said. we came in --
of the public statements we have seen since president barack obama said it was time for meaningful action to reduce gun violence, because what we have seen this many people argue the president is taking away our rights. i call this confusion, because many people apparently have not been reading the court cases that interpret the second amendment and tell us what it means. as larry and i argue in our contribution, the most popular proposals being considered today are likely constitutional. that is not to say there are not any questions about any of them, but they are likely to be upheld by the supreme court should they be enacted. from background checks to restrictions on sale of high- capacity magazines and even a ban on assault weapons, we think it is likely the supreme court will uphold these provisions. in defense of those who do seem confused about the nature of our second amendment rights, the supreme court has not done a great job of clarifying what is the scope of our second amendment rights. as most of you know, in 2008, the supreme court held that the second amendment protects th
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